482
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Economy / Economics / Re: The advantages of bitcoin
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on: April 26, 2018, 06:18:54 AM
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Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.
Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.
Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.
Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.
Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.
These are mainly the top advantages of bitcoin. Investors should look at these for them to think what bitcoin have and what makes bitcoin so attractive.
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483
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Economy / Economics / Re: will next decade be the bitcoin era ??
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on: April 24, 2018, 11:30:11 PM
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As by seeing the usage graph and profiting graph i can easily assume that in next decade of 2020 people will mainly relay on bitcoin and the main thing to survive in the next era will be bitcoin and it will be frequently used by everyone and that will help many regions to boost their economy as well so hope for the best, many people are eagerly waiting for the btc system to be implemented.
The expectation is I guess not that far with the future reality. It might to be not that hard because of bitcoins popularity. I hope its true.
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485
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Economy / Speculation / Re: Expected predictions
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on: April 23, 2018, 04:39:47 PM
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I do hope it comes true. But I guess the probability is high and expectation is not that far with the reality. 60K USD is not a little amount of money, it might go 40K but I guess 60K is too much. We dont know exactly. Lol.
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487
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Bitcoin / Bitcoin Discussion / Re: Government fears Bitcoin
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on: April 22, 2018, 08:41:44 AM
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Crypto Currency is like a Sun powering up the people all around the globe who wants to change the world who are passionate enough to bring changes.
“It’s the top notch opportunity for reaching to the financial freedom” That’s the reason some governments don’t approve Bitcoin because they already know the Strength of new decentralised digital currency market,if it goes up then the government will have to come down.
It’s just my opinion about Bitcoin ban What are your thoughts?
In my own opinion, government fears bitcoin because of it unstable price and tax evasion problem. But I guess governments shall accept it because of its accessibility and easy usage and thats what people wants right now.
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488
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Bitcoin / Bitcoin Discussion / Re: Is owning bitcoin a crime?
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on: April 22, 2018, 08:32:36 AM
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It might be a crime if and only if your government do not allow such cryptocurrency. But for me, having a bitcoin is not a crime for it is a legal and not violating a law of land. Maybe some country banned it but I guess because of its unstable price.
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489
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Bitcoin / Bitcoin Discussion / Re: Is It To Late For Me To Buying Bitcoin?
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on: April 22, 2018, 08:27:28 AM
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As we Know Today bitcoin Is Worth Of USD $9108 is to late for me to buying it ? It is too late to invest on this BTC BTC? any good reason why i should buy bitcoin now? or just watching? thanks!
No its not. As you can see bitcoin still hasnt got its highest peak where as speculated it can go beyond 15K USD. So for me, you should still buy bitcoin because its price can still go up and up.
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490
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Economy / Economics / Re: Does this mean Cash will be extinct?
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on: April 22, 2018, 08:18:13 AM
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Yes there is a big possibility that it will be a cashless world where in all of the money is just put in your account and all of your transactions will be bought online. Specially now that technology is fast growing.
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491
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Economy / Economics / Re: Buying a house with BTC
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on: April 22, 2018, 05:41:49 AM
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Can you buy a house with BTC? Yes! All you need is a buyer with coins and a seller that will accept them. The value of the transaction is as of the date of the contract, when the coins change hands.
How I wish to have such companies who will accept cryptocurrency coins. It might be possible but I guess it might have a little trouble with some house loaning banks who banned BTC. But in the near future, BTC will be accepted and thats for sure.
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492
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Other / Beginners & Help / Re: how to earn Bitcoin without investing??
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on: April 21, 2018, 03:48:44 AM
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Can I earn bitcoin without investing? if it can be done, how? really need it cause I don't have money now.
By joining signature campaigns. It is easy,you just have to post and post and then they will pay for it. As your rank goes up, the payment rises as well.
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493
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Economy / Economics / Re: Is it a good buying price for bitcoin?
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on: April 21, 2018, 03:40:02 AM
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Is it a good buying price for bitcoin?Might cross-border activity often lead to better demand for bitcoin?So bitcoin will do better in the second half of the year.What do you think?
Yes it is because of the facts that bitcoins price last month was too low and now its getting high again just as expected. So for me it is a good buying tome.
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494
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Economy / Economics / Re: Will bitcoin be banned on Philippines?
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on: April 21, 2018, 03:37:38 AM
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I dont think so because of the facts that bitcoin did not violate any laws in the Philippines. Its just that there are so many bad human out there trying to fool around some people. And they're the ones whos responsible for such things not bitcoin itself.
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495
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Bitcoin / Bitcoin Discussion / Re: Can We Finally Call This the DEATH of Bitcoin?!?
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on: April 20, 2018, 02:42:20 PM
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The scammers and crooks finally won! Congratulations because even your fiat will be near worthless at some point too! The economic freedom of the people is once again destroyed by the animalia raised by bad handlers.
To the "Lending" companies (hey man, do you think I can get my money back soon), I salute you.
To Bitmain and "the plan", I salute you.
To Wall Street who always knows my future, I salute you.
To the newbie crypto-millionaires, who only like the part about making easy money, I salute you.
To the lower middle-class who borrowed all the equity in their homes to buy crypto and told everyone about it, I salute you.
To the SEC who will wait until every crypto is worthless to go after anyone, I salute you.
To the old school crypto nerds, who cashed out in 2017 when they saw what was coming, great job!
I still remember the days when getting anything over a 1% yield on a bank account was something to brag about.
One day I will tell my grand kids about the time in 2017 when everyone except politicians were happy and it was a joy to work at any job because you had real money that actually could make you more real money. Time to find the next bubble...
Do you really think Bitcoin will die that easily? Even if its done by bad handlers, bitcoin has no responsibility with their actions. Bitcoin is just a currency not a company.
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497
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Other / Beginners & Help / Re: What is Bitcoin
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on: April 20, 2018, 02:07:03 AM
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Bitcoin is an electronic currency which its price is not stable and might get low but sometimes at its peak. It is a good investment for a business because of its chance having a big price hike in the future.
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499
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Bitcoin / Bitcoin Discussion / Re: Bitcoin is NOT DEAD
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on: April 19, 2018, 04:14:44 PM
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BTCBTCBTC Bitcoin is not dead lol. The price is getting low but bitcoin will not die quickly we can recover it in somehow. Many people thought bitcoin is secretly dying I just wanted to say that its wrong Bitcoin will back soon to higher value.
BTCBTCBTC
I agree with you bruv. Bitcoin just need its time to generate and one day its price will go up again as expected. Not now but soon.
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500
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Economy / Speculation / Re: Is bitcoin will end soon?
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on: April 19, 2018, 04:12:11 PM
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Actually, no it will not end. Bitcoin price may not be in its peak right now but one day it will come. Its normal that its price might get low but it will just take time and its price will go up again. Just wait.
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